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Main Objectives Of The Scheme
- Livestock Insurance provides financial security as the farmer or livestock owner will be compensated in the event of death of an insured animal.
- Dependency on agriculture will be lowered.
- Improvement in rural economy.
Implementation Of The Scheme
- At State Level: Chief Executive Officer, U.P. Livestock Development Board
- At Commissionary Level: Additional Director, Grade-2, Animal Husbandry / Senior Zonal Manager, U.P.L.D.B.
- At District Level: Chief Veterinary Officer / District Manager, U.P.L.D.B.
- At Local Level: Veterinary Officer, Paravets.
Important Features Of The Scheme
- G.S.T. free scheme for all eligible beneficiaries.
- The benefit of subsidy is restricted to 5 big animal / 50 small animal only per household.
- All claim amounts are paid directly to beneficiary bank accounts through R.T.G.S.